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Gold’s Action “Dominated by Retail Buying” But Bullion “Not Trading as Safe Haven”
Monday, April 22, 2013 22:49
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WHOLESALE gold prices rose back above $1430 per ounce Monday morning for the first time since last Monday’s price drop, amid reports of strong buying in Asia, while stocks gained and US Treasuries fell.
Silver meantime ticked higher above $23.60 an ounce, though remained below Friday’s high, while other commodities also gained with the exception of copper.
